Norcross, GA, Market Report, October 2010
By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image via Wikipedia Market stats for Norcross, October, 2010 indicate that there were 390 properties on the market. Overall, there is about a 8.5 month supply of properties. October and September sales were down v 2009 (42 v 57 and 43 v 55), but August was way up (52 v 43). Overall, the market isn't terrible here, looking back. In the sub-$200k arena, there were 211 listings, with about 6.3 month supply. Sales are way down from a year ago in this segment, which is the main driver of sales in this area. But the segment is still looking pretty strong, despite the weakness in July and September and relative weakness of sales in October. Between $200k and $400k, there were 133 listings for sale, and about 14.8 months of supply. Sales have been down and slowing for the last few months. ...
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